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Agricultural Supply Chain Adaptation Facility - The Global Innovation Lab for Climate Finance
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The Agricultural Supply Chain Adaptation Facility, a top initiative from The Global Innovation Lab for Climate Finance, will partner with agribusiness corporations to provide farmers with technical and financial support for climate-resilient investments through the corporations’ supply chains. The Inter-American Development Bank, in partnership with Calvert Investments, is committed to piloting The Facility in Latin America and the Caribbean through seed funding from the USD 5 million Climate-Smart Agriculture Fund for the Private Sector.
If successfully piloted in the Latin America and Caribbean region, the Facility could be scaled up and replicated, helping to offset climate change-induced agricultural production shocks, thereby protecting or increasing farmers’ revenues.
If successfully piloted in the Latin America and Caribbean region, the Facility could be scaled up and replicated, helping to offset climate change-induced agricultural production shocks, thereby protecting or increasing farmers’ revenues.